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Fred owns four fishing boats on Seneca Lake. He knows from experience the following information about the catch per boat depending on the total numbers of boats he sends to either the north or south end of the lake. Based on the table below, what is the optimal allocation of Fred's boats?
In an integrated world financial market, a financial crisis in a country can be quickly transmitted to other countries, causing a global crisis. What kind of measures would you propose to prevent the recurrence of a Asia-type crisis.
Discuss and explain two conflicts of interest faced by an Investment Advisor who is employed by a commercial bank or an investment bank?
What was the growth rate of the population between 2007 and 2008, round to the nearest percent Calculate real gdp per capita in 2007 and 2008. What was the growth rate of the real gdp capita between 2007 and 2008, round to the nearest percent
Elucidate economists use two major approaches to estimate incremental environmental costs. Which in your view likely produces the most reliable estimates.
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D. Provide an alternative to cracking down as a means of increasing the productivity of the sheet metal workers..
Discuss the limitations of relying on random experiments to evaluate policy impacts and validity of experiments that are actually conducted, and two reasons that it is often not feasible to conduct random experiments in practice.
2. If you were to own a firm within a purely competitive industry, what kind of profit margins would you expect to enjoy 3. What role does advertising have in pure competition
A country with a relatively small + aggregate demand shock (a shift outward in the AD curve) may have a substantial economic boom, but sometimes countries that have massive increase in the AD curve (hyperinflation countries like Germany before WWI..
Expalin why do many economists believe that the market system is the most efficient economic system for allocating resources.
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
Variables also spell out the assumptions related to the use
Elucidate a firm competes in the market. Does the firm engage in price or non-price competition
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